Standard 30 year fixed rate loans start at 4.500% at US Bankcorp (NYSE:USB) today yielding an APR of 4.673%. The FHA 30 year loans have been offered at 4.375% yielding an APR of 4.879%. The higher interest jumbo 30 year loan interest rates are being offered for 4.625% and an APR of 4.777% a bit higher than the non-jumbo loans.
VA 30 year FRMs are published at 4.500% yielding an APR of 4.846%.
Popular 15 year FRMs are listed at 3.500% at the bank today with an APR of 3.811%.
The FHA 15 year loan deals have been listed at 4.000% carrying an APR of 4.565% today. 15 year Jumbo loan deals have been listed at 3.750% today yielding an APR of 4.008%. The VA 15 year fixed rate mortgages are 4.000% yielding an APR of 4.721%. 10 year fixed rate mortgage interest rates are published at 3.375% at the bank and an APR of 3.823%. The 3 year ARMs are being quoted at 2.250% and the APR is 3.261%. The 5/1 ARMS are published at 2.625% at US Bank yielding an APR of 3.250% to start.
Related Financial News
Big bank interest rates often vacillate because of MBS’s (mortgage backed securities) that go in the same direction as the stock market. Wall street lowered by close today with the DJIA at 15,337.70 a decrease of -113.35.
As expected the bank followed Wall Street. Specifically, the banks stock price rose to 36.95 up +0.18.